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Gold recovers after falling to one-month low

December 19, 2024 / 11:21 PM
Gold recovers after falling to one-month low
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Sharjah 24 – BNA: Gold prices rebounded on Thursday, recovering from a one-month low earlier in the day, following signals from the Federal Reserve about a potential slowdown in rate cuts next year.
Spot gold rose 0.6% to $2,603.60 per ounce by 0608 GMT, after hitting its lowest level since November 18. Meanwhile, U.S. gold futures were down 1.4% at $2,616.40.

Spot silver increased by 0.2% to $29.40 per ounce, platinum gained 0.5% to $923.94, and palladium rose 1.6% to $917.25.
 
December 19, 2024 / 11:21 PM

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